Going up-thread, here's the original claim under contention:

>> will be to not be overseen by the SEC in some important capacity.

Your articles don't dispute this.

As for whether oversight will be "weaker" and more de-regulated, maybe.

1. There's a headcount reduction. At worst, there's a quote that some really experienced watchdogs are out the door. Hard to tell until we get outcomes.

2. As for withdrawal of proposals, look closer.

> Although most observers doubted that the current Commission would adopt these proposals

Which makes it sound like the proposals were just withdrawn for later submittal and new discussion. Footnote #1 goes into how this isn't really unprecedented, citing similar withdrawals (or resets) under the Biden admin.